Shriram Multi Asset Allocation Fund Direct Growth
HybridMulti Asset AllocationVery High Risk
Direct
NAV (06-Sep-24)
₹12.81-1.39%1D
Returns (Since Inception)
28.12%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹159 Cr
Expense Ratio
0.50%
ISIN
INF680P01406
Minimum SIP
₹500
Exit Load
1.00%
Inception Date
08 Sep 2023
About this fund
Shriram Multi Asset Allocation Fund Direct Growth is a Multi Asset Allocation mutual fund schemes offered by Shriram Mutual Fund. This fund has been in existence for 11 months and 30 days, having been launched on 08-Sep-23.
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹12.81, Assets Under Management (AUM) of 159.36 Crores, and an expense ratio of 0.5%.
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹12.81, Assets Under Management (AUM) of 159.36 Crores, and an expense ratio of 0.5%.
- Shriram Multi Asset Allocation Fund Direct Growth has given a CAGR return of 28.12% since inception.
- The fund's asset allocation comprises around 69.37% in equities, 11.36% in debts, and 7.86% in cash & cash equivalents.
- You can start investing in Shriram Multi Asset Allocation Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
Since Inception
+28.12%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹110.54 Cr | 69.37% |
| Debt | ₹18.1 Cr | 11.36% |
| Others | ₹30.71 Cr | 19.27% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Nippon India ETF Gold BeES | Mutual Fund - ETF | ₹15.78 Cr | 9.90% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹14.25 Cr | 8.94% |
| Clearing Corporation Of India Ltd. | Cash - Repurchase Agreement | ₹7.49 Cr | 4.70% |
| HDFC Bank Ltd | Equity | ₹6.78 Cr | 4.25% |
| Reliance Industries Ltd | Equity | ₹5.98 Cr | 3.76% |
| Net Receivables / (Payables) | Cash | ₹4.78 Cr | 3.00% |
| Mahindra & Mahindra Ltd | Equity | ₹4.14 Cr | 2.60% |
| Bharti Airtel Ltd | Equity | ₹4.08 Cr | 2.56% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹3.95 Cr | 2.48% |
| Jupiter Wagons Ltd | Equity | ₹3.84 Cr | 2.41% |
| Tata Consultancy Services Ltd | Equity | ₹3.33 Cr | 2.09% |
| Zomato Ltd | Equity | ₹3.3 Cr | 2.07% |
| Samvardhana Motherson International Ltd | Equity | ₹3.05 Cr | 1.91% |
| Power Grid Corp Of India Ltd | Equity | ₹2.99 Cr | 1.88% |
| ICICI Bank Ltd | Equity | ₹2.98 Cr | 1.87% |
| Siemens Ltd | Equity | ₹2.82 Cr | 1.77% |
| Trent Ltd | Equity | ₹2.79 Cr | 1.75% |
| ABB India Ltd | Equity | ₹2.76 Cr | 1.73% |
| ITC Ltd | Equity | ₹2.74 Cr | 1.72% |
| Nippon India Silver ETF | Mutual Fund - ETF | ₹2.67 Cr | 1.67% |
| Axis Bank Ltd | Equity | ₹2.62 Cr | 1.64% |
| Exide Industries Ltd | Equity | ₹2.59 Cr | 1.63% |
| Infosys Ltd | Equity | ₹2.57 Cr | 1.61% |
| Power Finance Corp Ltd | Equity | ₹2.54 Cr | 1.59% |
| Amara Raja Energy & Mobility Ltd | Equity | ₹2.34 Cr | 1.47% |
| JSW Energy Ltd | Equity | ₹2.24 Cr | 1.41% |
| Dixon Technologies (India) Ltd | Equity | ₹2.23 Cr | 1.40% |
| Vodafone Idea Ltd | Equity | ₹2.11 Cr | 1.32% |
| Cochin Shipyard Ltd | Equity | ₹2.03 Cr | 1.27% |
| Rail Vikas Nigam Ltd | Equity | ₹2.01 Cr | 1.26% |
| 364 DTB 07112024 | Bond - Gov't/Treasury | ₹1.96 Cr | 1.23% |
| Bharat Electronics Ltd | Equity | ₹1.88 Cr | 1.18% |
| Mazagon Dock Shipbuilders Ltd | Equity | ₹1.7 Cr | 1.07% |
| Tata Consultancy Services Ltd. | Equity - Future | ₹1.7 Cr | 1.06% |
| Tata Power Co Ltd | Equity | ₹1.59 Cr | 1.00% |
| Reliance Industries Ltd. | Equity - Future | ₹1.59 Cr | 1.00% |
| Oil & Natural Gas Corp Ltd | Equity | ₹1.57 Cr | 0.99% |
| Zydus Lifesciences Ltd | Equity | ₹1.56 Cr | 0.98% |
| Hindustan Unilever Ltd | Equity | ₹1.55 Cr | 0.97% |
| ITD Cementation India Ltd | Equity | ₹1.55 Cr | 0.97% |
| Zee Entertainment Enterprises Ltd | Equity | ₹1.55 Cr | 0.97% |
| Housing & Urban Development Corp Ltd | Equity | ₹1.49 Cr | 0.94% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹1.37 Cr | 0.86% |
| Garden Reach Shipbuilders & Engineers Ltd | Equity | ₹1.29 Cr | 0.81% |
| Prestige Estates Projects Ltd | Equity | ₹1.25 Cr | 0.78% |
| Zensar Technologies Ltd | Equity | ₹1.19 Cr | 0.75% |
| RailTel Corporation of India Ltd | Equity | ₹1.05 Cr | 0.66% |
| IRCON International Ltd | Equity | ₹0.88 Cr | 0.55% |
| NCC Ltd | Equity | ₹0.86 Cr | 0.54% |
| Bharat Heavy Electricals Ltd | Equity | ₹0.82 Cr | 0.51% |
| Cipla Ltd | Equity | ₹0.78 Cr | 0.49% |
| Indian Railway Finance Corp Ltd Ordinary Shares | Equity | ₹0.77 Cr | 0.49% |
| Indian Renewable Energy Development Agency Ltd | Equity | ₹0.75 Cr | 0.47% |
| KEI Industries Ltd | Equity | ₹0.74 Cr | 0.46% |
| Inox Wind Ltd | Equity | ₹0.57 Cr | 0.36% |
| NBCC India Ltd | Equity | ₹0.56 Cr | 0.35% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹0.52 Cr | 0.33% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹0.52 Cr | 0.32% |
| Sanofi India Ltd | Equity | ₹0.37 Cr | 0.23% |
| Call Hdfcbank 29-Aug-2024 1500 | Equity - Option (Call) | ₹0.29 Cr | 0.18% |
| Call Industower 29-Aug-2024 400 | Equity - Option (Call) | ₹0.28 Cr | 0.17% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹0.22 Cr | 0.14% |
| Housing And Urban Development Corporation Limited | Bond - Corporate Bond | ₹0.21 Cr | 0.13% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹0.2 Cr | 0.13% |
| Call Ongc 29-Aug-2024 300 | Equity - Option (Call) | ₹0.14 Cr | 0.09% |
| Housing And Urban Development Corporation Limited | Bond - Corporate Bond | ₹0.11 Cr | 0.07% |
| Indian Renewable Energy Development Agency Limited | Bond - Corporate Bond | ₹0.1 Cr | 0.06% |
| Call Reliance 29-Aug-2024 2900 | Equity - Option (Call) | ₹0.07 Cr | 0.04% |
Allocation By Market Cap (Equity)
Large Cap Stocks
38.85%
Mid Cap Stocks
16.66%
Small Cap Stocks
11.30%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Industrials | ₹28.01 Cr | 17.58% |
| Financial Services | ₹17.93 Cr | 11.25% |
| Consumer Cyclical | ₹15.87 Cr | 9.96% |
| Communication Services | ₹12.73 Cr | 7.99% |
| Technology | ₹9.32 Cr | 5.85% |
| Energy | ₹7.55 Cr | 4.74% |
| Utilities | ₹6.82 Cr | 4.28% |
| Consumer Defensive | ₹4.29 Cr | 2.69% |
| Healthcare | ₹2.71 Cr | 1.70% |
| Real Estate | ₹1.25 Cr | 0.78% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
GB
Gargi Banerjee
Since September 2023
DR
Deepak Ramaraju
Since September 2023
Additional Scheme Detailsas of 31st July 2024
ISIN | INF680P01406 | Expense Ratio | 0.50% | Exit Load | 1.00% | Fund Size | ₹159 Cr | Age | 08 Sep 2023 | Lumpsum Minimum | ₹500 | Fund Status | Open Ended Investment Company | Benchmark | Nifty 50 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Multi Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Aditya Birla Sun Life Multi Asset Allocation Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3508.90 Cr | 24.0% |
| Aditya Birla Sun Life Multi Asset Allocation Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹3508.90 Cr | 25.9% |
| Nippon India Multi Asset fund Direct Growth Very High Risk | 0.3% | 1.0% | ₹3854.24 Cr | 33.8% |
| Nippon India Multi Asset fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹3854.24 Cr | 32.2% |
| SBI Multi Asset Allocation Fund Regular Growth High Risk | 1.5% | 1.0% | ₹5865.80 Cr | 24.6% |
| Quant Multi Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹2725.25 Cr | 45.7% |
| UTI Multi Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹2912.96 Cr | 39.3% |
| ICICI Prudential Multi-Asset Fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹46488.14 Cr | 30.1% |
| HDFC Multi - Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹3348.14 Cr | 24.2% |
| Motilal Oswal Multi Asset Fund Direct Growth High Risk | 0.9% | 1.0% | ₹105.01 Cr | 17.9% |
About the AMC
Total AUM
₹757 Cr
Address
CK-6, 2nd Floor, Kolkata, 700 091
Other Funds by Shriram Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Shriram Multi Asset Allocation Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹159.36 Cr | - |
| Shriram Flexi Cap Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹126.28 Cr | 41.8% |
| Shriram Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹308.50 Cr | 6.8% |
| Shriram Balanced Advantage Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹55.35 Cr | 27.8% |
| Shriram Hybrid Equity Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹50.73 Cr | 34.0% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.8% | 0.0% | ₹56.80 Cr | 39.5% |
Risk Level
Your principal amount will be at Very High Risk
Unlock Expert Insights!
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Shriram Multi Asset Allocation Fund Direct Growth?
The NAV of Shriram Multi Asset Allocation Fund Direct Growth, as of 06-Sep-2024, is ₹12.81.
What is the portfolio composition of Shriram Multi Asset Allocation Fund Direct Growth?
The fund's allocation of assets is distributed as 69.37% in equities, 11.36% in bonds, and 7.86% in cash and cash equivalents.
Who manages the Shriram Multi Asset Allocation Fund Direct Growth?
The fund managers responsible for Shriram Multi Asset Allocation Fund Direct Growth are:-
- Gargi Banerjee
- Deepak Ramaraju
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
©2021-2022 Dezerv. All Rights Reserved
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.